Women's dresses priced at $20 in 2003 $20.99 in 2024

Women's Dresses Inflation Calculator

$

Prices for Women's Dresses, 2003-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for women's dresses are 4.93% higher in 2024 versus 2003 (a $0.99 difference in value).

Between 2003 and 2024: Women's dresses experienced an average inflation rate of 0.23% per year. In other words, women's dresses costing $20 in the year 2003 would cost $20.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for women's dresses was lower.

In the year 2003: Pricing changed by -1.51%, which is below the average yearly change for women's dresses during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for women's dresses was much lower.

Price Inflation for Women's dresses since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1942 (20.20%), 2020 (-16.05%), and 1949 (-15.90%).

View price changes for other categories
Wine at home · Hospital services · Houston, Texas · Bananas · More

Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Women's dresses, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.00-1.51%
2004$19.82-0.92%
2005$20.262.26%
2006$21.767.37%
2007$22.051.35%
2008$22.04-0.04%
2009$22.873.74%
2010$21.77-4.78%
2011$22.734.37%
2012$23.694.26%
2013$23.820.55%
2014$24.522.93%
2015$24.00-2.14%
2016$23.50-2.07%
2017$24.062.37%
2018$24.843.23%
2019$22.77-8.31%
2020$19.12-16.05%
2021$19.753.30%
2022$20.775.18%
2023$20.950.87%
2024$20.990.15%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Women's dresses:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.57529.66730.66030.02030.06030.10031.07737.35438.99242.66945.00845.82352.13856.86047.82044.37547.54047.40047.54047.56047.94048.38048.66049.00050.18050.28050.48050.60050.96052.10053.10055.70060.74068.00073.96978.00076.88578.40081.83884.86286.90090.00093.31595.46998.90098.88598.96296.28599.562104.169106.277104.992116.585123.477123.523129.054133.877133.638136.162128.362121.238112.515111.008113.669108.108100.60098.469103.869102.300101.362103.654111.292112.797112.748116.963111.375116.246121.196121.864125.433122.750120.207123.058127.034116.48197.790101.016106.246107.174107.340

Adjust women's dresses prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Women's dresses was 102.300 in the year 2003 and 107.340 in 2024:

107.340 / 102.300 * $20 = $20.99

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $20.99 in 2024 (in the CPI category of Women's dresses).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Women's dresses in 1935. In addition to women's dresses, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.